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The Institute of Internal Auditors North AmericaBreadcrumb SeparatorNewsBreadcrumb SeparatorBlog: ​The State of Internal Audit: Facts vs. Conjecture

Read Richard Chambers' Latest Blog
​The State of Internal Audit: Facts vs. Conjecture

In his blog, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here's an excerpt from his latest post:

It is a truism that negative news tends to generate more attention, and of late there has been too much of it directed at internal audit. I wouldn't go so far as to characterize it all as "fake news," but much of it is "hyped news" at best. Whether it's a media headline trumpeting a purported decline in stakeholder confidence in internal audit or pundits characterizing the profession in such stark terms as the next Blackberry, a few sensational "sound bites" can easily become fodder for those who are quick to relegate the profession to irrelevancy.

Naysayers about internal audit are nothing new. Last year, I reviewed some documents from the files of IIA founders in 1941. Among the letters they received when news broke of The IIA's pending formation was one from another professional body. The letter warned that internal audit was not a genuine profession and that the interests of internal auditors should continue to be served by the nation's accounting bodies.

Read the full blog post from IIA President and CEO Richard Chambers.